{"id":"https://openalex.org/W2808005066","doi":"https://doi.org/10.1080/01605682.2018.1457481","title":"Centralised horizontal cooperation and profit sharing in a shipping pool","display_name":"Centralised horizontal cooperation and profit sharing in a shipping pool","publication_year":2018,"publication_date":"2018-06-11","ids":{"openalex":"https://openalex.org/W2808005066","doi":"https://doi.org/10.1080/01605682.2018.1457481","mag":"2808005066"},"language":"en","primary_location":{"id":"doi:10.1080/01605682.2018.1457481","is_oa":false,"landing_page_url":"https://doi.org/10.1080/01605682.2018.1457481","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://orbit.dtu.dk/en/publications/d46b9752-2326-49e3-80f3-baf0baa2052f","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5102976741","display_name":"Min Wen","orcid":"https://orcid.org/0000-0002-9869-0358"},"institutions":[{"id":"https://openalex.org/I69356397","display_name":"Xi\u2019an Jiaotong-Liverpool University","ror":"https://ror.org/03zmrmn05","country_code":"CN","type":"education","lineage":["https://openalex.org/I69356397"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Min Wen","raw_affiliation_strings":["Department of Mathematical Science, Xi\u2019an Jiaotong-Liverpool University, Suzhou, China","Department of Mathematical Science, Xi'an Jiaotong-Liverpool University, Suzhou, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematical Science, Xi\u2019an Jiaotong-Liverpool University, Suzhou, China","institution_ids":["https://openalex.org/I69356397"]},{"raw_affiliation_string":"Department of Mathematical Science, Xi'an Jiaotong-Liverpool University, Suzhou, China","institution_ids":["https://openalex.org/I69356397"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5028731386","display_name":"Rune Larsen","orcid":"https://orcid.org/0000-0002-2451-1177"},"institutions":[{"id":"https://openalex.org/I96673099","display_name":"Technical University of Denmark","ror":"https://ror.org/04qtj9h94","country_code":"DK","type":"education","lineage":["https://openalex.org/I96673099"]}],"countries":["DK"],"is_corresponding":false,"raw_author_name":"Rune Larsen","raw_affiliation_strings":["Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark","institution_ids":["https://openalex.org/I96673099"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5066260940","display_name":"Stefan R\u00f8pke","orcid":"https://orcid.org/0000-0002-6799-9934"},"institutions":[{"id":"https://openalex.org/I96673099","display_name":"Technical University of Denmark","ror":"https://ror.org/04qtj9h94","country_code":"DK","type":"education","lineage":["https://openalex.org/I96673099"]}],"countries":["DK"],"is_corresponding":false,"raw_author_name":"Stefan Ropke","raw_affiliation_strings":["Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark","institution_ids":["https://openalex.org/I96673099"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5054032073","display_name":"Hanne L\u00f8hmann Petersen","orcid":null},"institutions":[{"id":"https://openalex.org/I96673099","display_name":"Technical University of Denmark","ror":"https://ror.org/04qtj9h94","country_code":"DK","type":"education","lineage":["https://openalex.org/I96673099"]}],"countries":["DK"],"is_corresponding":false,"raw_author_name":"Hanne L. Petersen","raw_affiliation_strings":["Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark","institution_ids":["https://openalex.org/I96673099"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5008539363","display_name":"Oli B.G. Madsen","orcid":null},"institutions":[{"id":"https://openalex.org/I96673099","display_name":"Technical University of Denmark","ror":"https://ror.org/04qtj9h94","country_code":"DK","type":"education","lineage":["https://openalex.org/I96673099"]}],"countries":["DK"],"is_corresponding":false,"raw_author_name":"Oli B. G. Madsen","raw_affiliation_strings":["Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Engineering, Technical University of Denmark, Kongens Lyngby, Denmark","institution_ids":["https://openalex.org/I96673099"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5102976741"],"corresponding_institution_ids":["https://openalex.org/I69356397"],"apc_list":null,"apc_paid":null,"fwci":0.215,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.62247626,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"70","issue":"5","first_page":"737","last_page":"750"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10567","display_name":"Vehicle Routing Optimization Methods","score":0.9940000176429749,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10567","display_name":"Vehicle Routing Optimization Methods","score":0.9940000176429749,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10698","display_name":"Transportation Planning and Optimization","score":0.9926000237464905,"subfield":{"id":"https://openalex.org/subfields/3313","display_name":"Transportation"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11223","display_name":"Maritime Ports and Logistics","score":0.9818000197410583,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.6766048669815063},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.5801416039466858},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.45981818437576294},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.44536417722702026},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4444258511066437},{"id":"https://openalex.org/keywords/profit-sharing","display_name":"Profit sharing","score":0.43573057651519775},{"id":"https://openalex.org/keywords/game-theory","display_name":"Game theory","score":0.426588237285614},{"id":"https://openalex.org/keywords/purchasing","display_name":"Purchasing","score":0.4205077886581421},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.3252517879009247},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.28404468297958374},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.2306208312511444},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.1570868194103241},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.14757126569747925},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.12155666947364807}],"concepts":[{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.6766048669815063},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.5801416039466858},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.45981818437576294},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.44536417722702026},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4444258511066437},{"id":"https://openalex.org/C2777661119","wikidata":"https://www.wikidata.org/wiki/Q1419726","display_name":"Profit sharing","level":2,"score":0.43573057651519775},{"id":"https://openalex.org/C177142836","wikidata":"https://www.wikidata.org/wiki/Q44455","display_name":"Game theory","level":2,"score":0.426588237285614},{"id":"https://openalex.org/C2778813691","wikidata":"https://www.wikidata.org/wiki/Q1369832","display_name":"Purchasing","level":2,"score":0.4205077886581421},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.3252517879009247},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.28404468297958374},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2306208312511444},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1570868194103241},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.14757126569747925},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.12155666947364807}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/01605682.2018.1457481","is_oa":false,"landing_page_url":"https://doi.org/10.1080/01605682.2018.1457481","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:tjorxx:v:70:y:2019:i:5:p:737-750","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/01605682.2018.1457481","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:pure.atira.dk:publications/d46b9752-2326-49e3-80f3-baf0baa2052f","is_oa":true,"landing_page_url":"https://orbit.dtu.dk/en/publications/d46b9752-2326-49e3-80f3-baf0baa2052f","pdf_url":null,"source":{"id":"https://openalex.org/S4306400705","display_name":"Technical University of Denmark, DTU Orbit (Technical University of Denmark, DTU)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I96673099","host_organization_name":"Technical University of Denmark","host_organization_lineage":["https://openalex.org/I96673099"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Wen , M , Larsen , R , R\u00f8pke , S , Petersen , H L & Madsen , O B G 2019 , ' Centralised horizontal cooperation and profit sharing in a shipping pool ' , Journal of the Operational Research Society , vol. 70 , no. 5 , pp. 737-750 . https://doi.org/10.1080/01605682.2018.1457481","raw_type":"article"}],"best_oa_location":{"id":"pmh:oai:pure.atira.dk:publications/d46b9752-2326-49e3-80f3-baf0baa2052f","is_oa":true,"landing_page_url":"https://orbit.dtu.dk/en/publications/d46b9752-2326-49e3-80f3-baf0baa2052f","pdf_url":null,"source":{"id":"https://openalex.org/S4306400705","display_name":"Technical University of Denmark, DTU Orbit (Technical University of Denmark, DTU)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I96673099","host_organization_name":"Technical University of Denmark","host_organization_lineage":["https://openalex.org/I96673099"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Wen , M , Larsen , R , R\u00f8pke , S , Petersen , H L & Madsen , O B G 2019 , ' Centralised horizontal cooperation and profit sharing in a shipping pool ' , Journal of the Operational Research Society , vol. 70 , no. 5 , pp. 737-750 . https://doi.org/10.1080/01605682.2018.1457481","raw_type":"article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.4399999976158142}],"awards":[{"id":"https://openalex.org/G764705766","display_name":null,"funder_award_id":"11601436","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":36,"referenced_works":["https://openalex.org/W1963543302","https://openalex.org/W1968314604","https://openalex.org/W1971340645","https://openalex.org/W2006523488","https://openalex.org/W2007163781","https://openalex.org/W2008877891","https://openalex.org/W2011867040","https://openalex.org/W2031236641","https://openalex.org/W2044488529","https://openalex.org/W2045793973","https://openalex.org/W2057040550","https://openalex.org/W2058310335","https://openalex.org/W2060597711","https://openalex.org/W2069926970","https://openalex.org/W2074979364","https://openalex.org/W2075880235","https://openalex.org/W2080018882","https://openalex.org/W2081677209","https://openalex.org/W2082757597","https://openalex.org/W2093800809","https://openalex.org/W2110310726","https://openalex.org/W2112686410","https://openalex.org/W2125363721","https://openalex.org/W2132414477","https://openalex.org/W2133953743","https://openalex.org/W2138023714","https://openalex.org/W2156906988","https://openalex.org/W2164505265","https://openalex.org/W2177916089","https://openalex.org/W2323588632","https://openalex.org/W2336388705","https://openalex.org/W2487898712","https://openalex.org/W2492891489","https://openalex.org/W3123155524","https://openalex.org/W3125415792","https://openalex.org/W4255901486"],"related_works":["https://openalex.org/W2351217280","https://openalex.org/W2086836292","https://openalex.org/W2354083748","https://openalex.org/W2357949222","https://openalex.org/W2338005294","https://openalex.org/W2104192539","https://openalex.org/W2954733677","https://openalex.org/W2033865166","https://openalex.org/W4213090842","https://openalex.org/W2373875213"],"abstract_inverted_index":{"Horizontal":[0],"cooperation":[1,23,130],"in":[2,11,24,59,91,98],"logistics":[3],"has":[4],"attracted":[5],"an":[6],"increasing":[7],"amount":[8],"of":[9,22,37,120,129,145],"attention":[10],"both":[12],"industry":[13],"and":[14,61,73,84,88,103,141,152],"the":[15,25,30,63,70,95,113,127,135,138,143,149],"research":[16],"community.":[17],"The":[18],"most":[19],"common":[20],"form":[21],"tramp":[26],"shipping":[27,31],"market":[28],"is":[29],"pool,":[32],"formed":[33],"by":[34,43],"a":[35,44,51,55,99,117],"fleet":[36],"ships":[38],"from":[39,107,137],"different":[40,132],"ownerships":[41],"operated":[42],"centralised":[45,52],"administration.":[46],"This":[47],"paper":[48],"studies":[49],"such":[50],"horizontal":[53],"cooperation,":[54],"product":[56],"tanker":[57],"pool":[58,71,96,146],"Denmark,":[60],"addresses":[62],"operational":[64],"challenges,":[65],"including":[66],"how":[67,74],"to":[68,75,93],"maximise":[69,94],"profit":[72,97,139,151],"allocate":[76],"it":[77],"fairly.":[78],"We":[79],"apply":[80,104],"discrete":[81],"event":[82],"simulation":[83],"dynamic":[85,101],"ship":[86,153],"routing":[87],"speed":[89],"optimisation":[90],"order":[92],"highly":[100],"environment":[102],"methods":[105],"derived":[106],"cooperative":[108],"game":[109],"theory":[110],"when":[111],"allocating":[112],"total":[114,150],"profit.":[115],"Through":[116],"large":[118],"number":[119],"experiments":[121],"on":[122,148],"realistic":[123],"data,":[124],"we":[125],"evaluate":[126],"benefit":[128],"under":[131],"scenarios,":[133],"present":[134],"results":[136],"allocation":[140],"analyse":[142],"effect":[144],"size":[147],"utilisation":[154],"rate.":[155]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":4},{"year":2020,"cited_by_count":1}],"updated_date":"2026-08-01T09:00:35.917206","created_date":"2025-10-10T00:00:00"}